This post is a follow up and add on of a message I posted on the HPQ board last week. As a reference, follow this link.

https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion/topics/743861-recapitulation/messages/2275932#message

In it, the first link was to HPQ Q&A video. At 1m20s, they are discussing an announcement that was supposed to be made back in March but that was postponed because of COVID. It is not clear what the details of the announcement will be but it seems to be about a grant request HPQ/PYR/Pr Roue made. But what really caught my attention was that part.

Patrick reading the question; “......... For example, are we planing to work with Hydro-Quebec"

Bernard answers; "We will. I can't really discuss the specificity".

So I take it that HPQ will be working with Hydro Quebec.

Also in that post, Link – 5 was redirecting to an announcement made in early February, by Hydro Quebec that it would develop batteries with Mercedes-Benz. But a few days after I posted that message I read this article https://www.transportroutier.ca/nouvelles/hydro-quebec-et-daimler-collaborent-a-de-super-batteries-de-vehicules-electriques/ that specify that “the agreement reached by Hydro-Quebec is indeed with Daimler and not only with the Mercedes-Benz brand, as some preliminary information may have suggested.”

and Hydro-Quebec will work with Daimler.

Then I stumbled on another article

https://insideevs.com/news/345820/sila-nanotechnologies-raises-170-million-with-daimler-among-investors/

California-based Sila Nanotechnologies announced $170 million in Series E funding, which brings total funding to $295 million and company valuation to over $1 billion.

The latest round was led by Daimler, who purchased a minority stake, hoping to get better batteries for its next-generation cars. Earlier, Sila Nanotechnologies was working with BMW.

Sila Nanotechnologies develops silicon-dominant composite materials for lithium-ion anodes that would increase the energy density by about 20% over state-of-the-art traditional li-ion with the potential for a 40% improvement. At first, new cells will be used in consumer electronics from 2020.

and Daimler will work with Sila Nonatechnologies.

In June HPQ announced that they have signed a non-disclosure agreement (“NDA”) with an advanced materials developer

https://hpqsilicon.com/wp-content/uploads/2020/06/HPQ-JUNE-11-NDA-PR-FINAL.pdf

I believe the advance materials developer is Sila Nonatechnologies.

Sila is developing a silicon dominant anode.

https://www.inc.com/magazine/201904/jeff-bercovici/sila-nanotechnologies-silicon-lithium-ion-battery.html

I found that paragraph very interesting.

Yushin's answer was to surround the silicon atoms in a nano particle scaffold, an engineered molecular structure that provides extra space to store the lithium while maintaining the overall structure's volume. It was an elegant solution, and, in Yushin, Berdichevsky found a partner for the long journey from the lab to the market.

Last November, HPQ and PYR announced they are actively evaluating a joint venture to manufacture Nanoscale Structure Silicon (Si) powders for next generation Li-ion Si batteries.

https://hpqsilicon.com/wp-content/uploads/2019/11/HPQ-PR-PYRO-November_25_2019_VER_FINAL.pdf

Yushin; Silicon atoms in a nano particle scaffold, an engineered molecular structure...

HPQ/PYR; Nanoscale Structure Silicon (Si) powders

Even though they are not naming it, and the material could be something completely different, I believe that Sila’s nano particle scaffold is made of carbon nanotubes. Pyrogenesis has the knowhow and the technology to produce carbon nanotubes, and HPQ has the intellectual property to produce silicon nanopowders, and all this explains why they want to do a joint venture.

Together, they will be in a position to make a unique product with added value at unbeatable price.